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The Bank of England (BOE) appears to be softening its stance on proposed limits to corporate stablecoin holdings, with plans to introduce exemptions for certain firms that may need to maintain larger reserves of fiat-pegged assets, according to a Bloomberg report published Tuesday.Citing people familiar with the discussions, Bloomberg reported that the BOE’s reconsideration comes amid intense industry backlash and growing international competition, particularly from the United States, which is moving toward clearer regulation through the GENIUS Act, which was signed into law in July.The BOE had initially proposed caps on stablecoin holdings — 20,000 pounds (about $27,000) for individuals…

Tether, issuer of the world’s largest stablecoin, plans to propose its own candidates for a board seat at Juventus FC, the Italian soccer club in which it owns a stake of 10.7%, Reuters reported on Monday.The stablecoin giant will submit its list at the club’s annual shareholder meeting in November, according to the report, citing an email from Tether.Tether also said it plans to propose some “governance changes” at the Nov. 7 meeting, though did not elaborate what these are, the report said. Juventus investors will vote upon the company’s board renewal at the shareholder meeting.Tether acquired 8.2% of Juventus…

At a recent event in Manhattan, SEC Chair Paul Atkins vowed to deliver innovation exemptions by the end of the year. This would give Web3 firms explicit permission to ignore certain regulations. The Commission can’t make any progress on the effort right now, due to the government shutdown. It will need to carefully construct the exemptions’ language to retain crucial fiscal guardrails and prevent instability.Innovation Exemptions ExplainedSince Paul Atkins took over at the SEC in April, he’s been revolutionizing US crypto regulation in several key ways. Between his involvement in market structure legislation and moves to approve altcoin ETFs, he’s…

Key takeaways:Ethereum failed to break $4,800, with a bearish divergence leading to a 3% correction.Spot selling pressure rose, but leveraged traders remain active.A rebound from $4,400 could reset bullish momentum toward new highs.On Monday, as Bitcoin (BTC) rallied to a new all-time high, Ether (ETH) failed to clear its resistance at $4,800, triggering a sharp 3% correction below $4,500 on Tuesday. The price dip took place on the back of a bearish divergence on the four-hour chart. This typically indicates that buyers are losing strength, often preceding a local top or short-term reversal.Ether bearish divergence dip analysis. Source: Cointelegraph/TradingViewETH retested…

Intercontinental Exchange (ICE) invested $2 billion into Polymarket at a $9 billion post-money valuation, CEO Shayne Coplan announced on Oct. 7.The deal represents the most significant single investment in prediction markets and positions the sector as crypto’s emerging battleground as institutional capital seeks on-chain infrastructure with real-world utility.ICE is the owner of the New York Stock Exchange and the world’s largest exchange company.Lynn Martin, president of NYSE, celebrated the partnership in a post before the opening bell. She said that the partnership will “help bring prediction markets into the financial mainstream.”Beyond the investmentCoplan described the partnership as “a major step…

High-performance computing firm IREN (IREN) stock slipped 6% on Tuesday post-market after announcing a $875 million convertible debt offering.The offering may increase to $1 billion if initial purchasers take up an option to buy an additional $125 million, the press release said. The notes will be unsecured and give holders the right to convert into IREN shares or cash under certain conditions, with maturity set for July 2031.The firm said proceeds will fund general operations and capped call transactions, which are intended to reduce potential share dilution if the notes convert into equity. These capped calls are also designed to…

HYPE drops 6% to $46 with $3.3M outflows. Price tests $43–$45 demand zone as whales hold $60M and smart money resists selling. Hyperliquid (HYPE) has pulled back to $46, down 6% in the last 24 hours. The weekly performance remains slightly positive, showing a 2% gain. Trading volume continues to be strong, with over $647 million recorded in the same period. Meanwhile, this recent drop follows a period of upward movement, raising questions about whether current price action marks a short-term correction or the start of a deeper decline. Price Pulls Back Into Key Zone HYPE is now sitting…

HBAR’s recent rally has placed the altcoin within striking distance of breaking out from a critical three-month pattern. Despite the market’s bullish momentum, investor behavior may hinder its progress. While the broader crypto market shows renewed optimism, HBAR holders appear hesitant, creating a disconnect between sentiment and price action.Hedera Investors Are Losing ConfidenceThe Relative Strength Index (RSI) for HBAR is climbing steadily, reentering the bullish zone above the neutral 50.0 mark. This shift signals renewed buying interest and improving technical strength. As market-wide sentiment turns positive, indicators suggest that HBAR could soon regain upward momentum if sustained demand persists.Sponsored SponsoredThe improving…

The European Union (EU) is moving to choke off A7A5, the ruble-backed token routing billions through Kyrgyzstan into European crypto markets, but available data suggests the sanctioned flow represents just 2.37% of the bloc-wide Bitcoin trading volume.As Bloomberg News reported on Oct. 6, the EU proposed sanctions on A7A5, the stablecoin issued by cross-border payments firm A7 and Russia’s state-owned Promsvyazbank (PSB).The restrictions will prohibit EU-based entities from engaging in transactions involving the token. The bloc also plans to target several banks in Russia, Belarus, and Central Asia for enabling crypto-related transactions.A7 is owned by Moldovan banker Ilan Shor and…

NEW YORK — The Securities and Exchange Commission is still looking to formalize an “innovation exemption” for companies to build on digital assets and other innovative technologies in the U.S., potentially as soon as the end of the quarter, said agency Chair Paul Atkins.While acknowledging that the current government shutdown had “hamstrung” the SEC’s ability to make progress on rulemaking, Atkins said working on this exemption is still his priority for the end of the year or the first quarter of 2026, he said at a Futures and Derivatives Law Report event hosted by the law firm Katten Muchin Rosenman…